Trevali Mining Corp (TSE:TV) Receives Average Recommendation of “Hold” from Brokerages
Shares of Trevali Mining Corp (TSE:TV) have received an average rating of “Hold” from the ten brokerages that are covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$0.40.
Several equities analysts recently commented on TV shares. Cormark cut their target price on Trevali Mining from C$0.85 to C$0.65 in a research report on Tuesday, July 23rd. Haywood Securities downgraded Trevali Mining from a “buy” rating to a “hold” rating and cut their target price for the stock from C$0.80 to C$0.35 in a research report on Tuesday, July 23rd. National Bank Financial raised their target price on Trevali Mining from C$0.35 to C$0.40 and gave the stock an “outperform” rating in a research report on Monday. Canaccord Genuity raised their target price on Trevali Mining from C$0.30 to C$0.35 in a research report on Thursday, November 7th. Finally, CIBC raised their target price on Trevali Mining from C$0.15 to C$0.17 in a research report on Tuesday, November 12th.
Trevali Mining stock opened at C$0.18 on Tuesday. The company has a debt-to-equity ratio of 16.22, a current ratio of 2.03 and a quick ratio of 1.11. The company has a market capitalization of $162.21 million and a PE ratio of -0.54. Trevali Mining has a one year low of C$0.17 and a one year high of C$0.50. The business has a 50 day simple moving average of C$0.21 and a 200 day simple moving average of C$0.25.
Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Burkina Faso, Namibia, Canada, and Peru. It primarily explores for zinc, lead, silver, and copper deposits. The company owns interests in the Perkoa mine located in the Sanguie Province, Burkina Faso; Rosh Pinah mine located in southwestern Namibia; Caribou mine located to the west of Bathurst, New Brunswick, Canada; and Santander mine located to the northeast of Lima, Peru.
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